Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Lease costs

The components of lease costs are shown below:

	For the three months ended
	March 31, 2019
(in millions)
Operating lease cost	$	11
Short-term lease cost	12
Variable lease cost	—
Total lease cost	$	23

Supplemental cash flow information related to leases is set forth below:

	For the three months ended
	March 31, 2019
(in millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	11
Right-of use assets obtained in exchange for new operating liabilities:
Operating leases	$	3

Supplemental balance sheet information

Supplemental balance sheet information related to leases is as follows:

	March 31, 2019
Right-of-use asset balance: (in millions)
Operating leases	$	100
Lease liability balance: (in millions)
Short-term operating leases	$	38
Long-term operating leases	62
Total operating leases	$	100
Weighted average remaining lease term: (years)
Operating leases	4.1
Weighted average discount rate:
Operating leases	5.86		%

Lease maturity schedule

aturity analysis of operating lease liabilities:

(in millions)	March 31, 2019
2019	$	33
2020	32
2021	18
2022	9
2023	8
2024	4
Thereafter	9
Total undiscounted lease liability	$	113
Imputed interest	(13		)
Total discounted lease liability	$	100

(in millions)	December 31, 2018
2019	$	38
2020	28
2021	14
2022	6
2023	5
Thereafter	4
Total minimum payments required	$	95